The inherent risk of money laundering and terrorist financing can be lower in the life insurance sector relative to some other sectors, but life companies need to be cognisant that there are products, customers and geographic regions that present a higher risk. So reads the Press Office communication just received (Tuesday 8th March 2016) from the […]

The National Crime Agency – dubbed Britain’s version of the FBI – has begun an inquiry into the UK end of a $20bn (£13bn) money-laundering scam revealed by The Independent involving some 19 British shell companies. The investigation highlighted the ease with which Britain is being used by organised crime syndicates to set up sham […]

A ruling  by England’s senior family judge in  2003 reveals a new hazard of getting divorced – that your solicitor or your soon-to-be-ex’s lawyer will shop you to the authorities for not paying all your taxes. Dame Elizabeth Butler-Sloss confirmed that barristers and solicitors negotiating divorce settlements risk committing a criminal offence if they fail […]